NEWS

Tesla has stopped accepting orders to ship Model S and Model X electric vehicles (EVs) to China, as the former bellwether of the country’s vehicle market has borne the brunt of the tit-for-tat tariff war between the US and China. The carmaker has stopped taking orders to import the US-made vehicle models, and will instead […]

Alibaba Group Holding founder Jack Ma delivered a rare speech to the company’s cloud unit on Thursday, laying out his ideas and vision for a responsible and human-oriented artificial intelligence (AI), as the tech giant pivots to become China’s AI enabler. Ma, 60, made a surprise visit to Alibaba Cloud’s campus in Hangzhou on Thursday,

Amazon.com chief executive officer Andy Jassy said the e-commerce company would try to keep prices low but said online sellers could pass some tariff costs on to customers. “We look at all the things that could impact consumers and customers,” he said Thursday in an interview with Andrew Ross Sorkin on CNBC. “It’s hard to

The Hong Kong government’s investment arm is keen to leverage the expertise of its latest investee – fintech unicorn WeLab – to support start-ups from the city looking to expand in Southeast Asia. Hong Kong Investment Corp (HKIC), which manages HK$62 billion (US$8 billion) of funds, on Thursday formed a partnership with WeLab after acquiring

A number of listed Chinese semiconductor companies have reassured investors that they are largely unaffected by China’s increased import tariffs, citing earlier US sanctions as a mitigating factor. China recently increased duties on all American goods to 84 per cent in retaliation to US President Donald Trump’s so-called “reciprocal” tariffs, which took effect at 12pm

That marked TSMC’s fastest pace of growth since 2022. Electronics manufacturers had stockpiled goods in US warehouses in anticipation of potential trade and shipping disruptions. The main chipmaker for Apple and Nvidia reported revenue of NT$839.25 billion (US$25.5 billion) in the first three months of 2025. Analysts on average expected roughly NT$830.5 billion. The company

US President Donald Trump on Wednesday said a potential deal to spin off the US assets of TikTok was still “on the table” days after it was put on hold. Several US senators have criticised the proposed deal, but Trump defended it. “We have a deal with some very good people, some very rich companies

The adoption of generative artificial intelligence (GenAI) in Hong Kong’s financial services industry is gathering pace, with a study showing that 75 per cent of companies surveyed are designing or implementing at least one use case. This figure is projected to rise to nearly 90 per cent within the next three to five years, according

TikTok Shop, a major e-commerce platform connecting Chinese vendors with overseas consumers, has flagged US tariff risks to its merchants, as well as promoting European sites, after US President Donald Trump tripled tariffs on small parcels exported from mainland China and Hong Kong, which were previously exempt from duties. The ByteDance-owned platform has informed merchants

Venture capital firm Andreessen Horowitz is seeking to raise about US$20 billion in what will be the largest fund in its history, to capitalise on global investors’ interest in backing US artificial intelligence companies, sources told Reuters. The tech investment firm, known informally as a16z, has told limited partners that the fund will be dedicated